A report over on Edge tonight has it that Sony’s February 20th “See The Future” event will indeed spawn the very first PlayStation 4 information. In addition, Edge has it from individuals working close to the new hardware that the console will release in North America and Japan this year, with European’s having to wait until 2014.

But there’s more. The new console will allow users to record and save 15 minutes of gameplay with a “Share” face button on the revised PS4 controller allowing the user to instantly upload the footage online. As for redesigned controller, it is the same size as the current DualShock, but features a small touchpad in place of the existing Select, Start and PS buttons with tech based on PlayStation Vita’s rear touchpad. It will also feature the aforementioned “Share” button.

European distribution awkwardness means the console won’t see the light of day over here until early 2014. The U.S and Japan will get it before Christmas this year. A new updated version of the PlayStation Eye will be available from launch and will remain compatible with PlayStation Move.

As regards the machine itself, developers are apparently quite pleased with it and how accessible it is. Sony has learned from its PS3 mistakes it would seem.

PS4 “Orbis” dev kits reportedly offer 4GB of DDR3 RAM, 4GB less than Microsoft’s new console, However, Sony’s GDDR5 solution is capable of moving data at 176 gigabytes per second and is promising devs that it will try to bring the final PS4 models up to the 8GB bar.